DOI: https://doi.org/10.14710/jwl.13.3.29-40

Analisis Pengaruh Upah Minimum Kabupaten/Kota Terhadap Harga Properti Residensial Tipe Kecil

*Raden Nugroho Pitoro Nur Mohammad  -  Fakultas Ekonomi dan Bisnis, Magister Perencanaan Ekonomi dan Kebijakan Pembangunan, Universitas Indonesia, Jakarta, Indonesia., Indonesia
Muhammad Halley Yudhistira  -  Fakultas Ekonomi dan Bisnis, Magister Perencanaan Ekonomi dan Kebijakan Pembangunan, Universitas Indonesia, Jakarta, Indonesia, Indonesia
Open Access Copyright (c) 2025 Jurnal Wilayah dan Lingkungan
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Citation Format:
Abstract
Penelitian ini bertujuan untuk mengidentifikasi pengaruh perubahan Upah Minimum Kabupaten/Kota (UMK) terhadap harga properti residensial tipe kecil secara empiris. Studi ini dilatarbelakangi oleh kekhawatiran bahwa peningkatan daya beli akibat kenaikan UMK dapat mendorong kenaikan harga properti, khususnya untuk rumah tipe kecil yang menjadi sasaran kelompok berpenghasilan rendah. Penelitian ini menggunakan model fixed-effect dengan data panel dari 16 kota besar di Indonesia selama periode 2016–2022, serta sejumlah variabel kontrol seperti PDRB konstruksi, PDRB ADHK, tingkat pengangguran, dan realisasi FLPP. Hasil estimasi menunjukkan bahwa kenaikan UMK tidak berpengaruh signifikan terhadap harga properti residensial tipe kecil. Temuan ini memiliki implikasi penting terhadap kebijakan perumahan dan pengupahan, bahwa peningkatan UMK tidak serta-merta memicu lonjakan harga properti. Studi ini memperkuat literatur mengenai hubungan antara kebijakan ekonomi makro dan dinamika harga properti di Indonesia.
Fulltext View|Download
Keywords: Daya Beli; Fixed-effect; Harga Properti; Residensial Tipe Kecil; Upah Minimum.

Article Metrics:

Article Info
Section: Research Articles
Language : ID
Recent articles
Kontribusi Kebakaran Hutan terhadap Distribusi Spasial Gas CO2 Akibat Fenomena El Nino di Provinsi Jambi Urban Sprawl and Its Impacts on Land Cover Change in the Outskirts of the Surabaya Metropolitan Area Pemodelan Regresi Spasial Berbasis Area Pada Indeks Kualitas Lingkungan Hidup (IKLH) di Provinsi Kalimantan Selatan More recent articles
  1. Albouy, D., & Ehrlich, G. (2016). Housing demand, cost-of-living inequality, and the affordability crisis. Regional Science and Urban Economics, 60, 215–228. https://doi.org/10.1016/j.regsciurbeco.2016.07.004
  2. Anggrainy, K. (2013). Analisis dampak kenaikan Upah Minimum Kota (UMK) terhadap kesempatan kerja: Studi kasus Kota Malang periode 2001–2011 (Skripsi). Universitas Brawijaya
  3. Barlindhaug, R., & Nordahl, B. I. (2017). Developers’ price setting behaviour in urban residential redevelopment projects. Journal of European Real Estate Research, 11(1), 71–86. https://doi.org/10.1108/JERER-03-2017-0014
  4. Belke, A., & Keil, J. (2018). Fundamental determinants of real-estate prices: A panel study of German regions. International Advances in Economic Research, 24(1), 25–45. https://doi.org/10.1007/s11294-018-9671-2
  5. Bintang, A., & Agustina, D. (2020). Determinants of residential property prices in Indonesia: A panel data analysis. Jurnal Ekonomi dan Kebijakan Publik, 15(2), 123–138
  6. Fauzia, L. R. (2019). Determinan harga rumah di Indonesia. DINAMIKA: Jurnal Ekonomi Pembangunan, 11(1), 61–68
  7. Gan, Q., & Hill, R. J. (2009). Measuring housing affordability: Looking beyond the median. Journal of Housing Economics, 18(2), 115–125. https://doi.org/10.1016/j.jhe.2009.04.003
  8. Goodman, A. C., & Thibodeau, T. G. (2008). Where are the speculative bubbles in US housing markets? Journal of Housing Economics, 17(2), 117–137. https://doi.org/10.1016/j.jhe.2007.12.001
  9. Gyourko, J., Mayer, C., & Sinai, T. (2013). Superstar cities. American Economic Journal: Economic Policy, 5(4), 167–199. https://doi.org/10.1257/pol.5.4.167
  10. Hilber, C. A., & Vermeulen, W. (2016). The impact of supply constraints on house prices in England. Economic Journal, 126(591), 358–405. https://doi.org/10.1111/ecoj.12213
  11. Kementerian Pekerjaan Umum dan Perumahan Rakyat. (2021). Laporan Akhir Backlog Perumahan Nasional 2020–2021. Direktorat Jenderal Perumahan, Kementerian PUPR
  12. Kim, K.-H., & Lee, S.-H. (2010). How does labor market policy affect housing markets? Urban Studies, 47(7), 1425–1445
  13. Liang, W., Lu, M., & Zhang, H. (2016). Housing prices raise wages: Estimating the unexpected effects of land supply regulation in China. Journal of Housing Economics, 33, 70–81. https://doi.org/10.1016/j.jhe.2016.07.002
  14. Lum, S. K., & Zhou, X. (2019). Urban housing affordability: Assessing the effectiveness of policy interventions in the Singapore public housing sector. International Real Estate Review, 22(4), 597–625. https://doi.org/10.53383/100292
  15. Meen, G. (2001). Modelling Spatial Housing Markets: Theory, Analysis and Policy. Kluwer Academic Publishers
  16. Nurkhayati, F., & Fitrady, A. (2023). The impact of immigration on urban housing prices in Indonesia. International Journal of Housing Markets and Analysis. https://doi.org/10.1108/IJHMA-08-2022-0114
  17. Rahmawati, D., & Rukmana, D. (2022). The financialization of housing in Indonesia: Actors and their roles in the transformation of housing production. Cities, 131, 103918. https://doi.org/10.1016/j.cities.2022.103918
  18. Saks, R. E. (2008). Job creation and housing construction: Constraints on metropolitan area employment growth. Journal of Urban Economics, 64(1), 178–195. https://doi.org/10.1016/j.jue.2007.12.003
  19. Tiwari, P., & Parikh, J. (1998). Affordability and the housing markets in developing countries. Journal of Housing Economics, 7(4), 280–297
  20. Tu, Q., de Haan, J., & Boelhouwer, P. (2016). House prices and long-term equilibrium in the Netherlands. Applied Economics, 48(47), 4607–4618
  21. Zabel, J. E. (2012). Migration, housing market dynamics, and regional housing price appreciation. Journal of Housing Economics, 21(2), 115–135. https://doi.org/10.1016/j.jhe.2012.02.001
  22. Zuo, F., & Zhang, J. (2018). The effects of minimum wage on regional housing affordability: Evidence from China. China Economic Review, 51, 105–120

Last update:

No citation recorded.

Last update:

No citation recorded.